Apple increases issued shares for 7-for-1 stock split in official SEC amendment

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  • Reply 41 of 90
    jakebjakeb Posts: 563member
    My wife nearly fell over when I (knowing it wasn't real) showed her our account this morning which is up nearly 500k over yesterday morning.  It's nice to dream though...

    Hahaha, wow. I just took a screenshot of my cruelly inaccurate account balance. It's going to be a long time before I legitimately see 7 figures in there for real.
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  • Reply 42 of 90
    SpamSandwichspamsandwich Posts: 33,407member
    visualzone wrote: »
    Thanks!! I have a financial adviser that helps me with my investments. He does the work and I give him the money. :lol:  And yes I do keep an eye on things. I've done online banking, buying, shopping, etc. for years. And no, I'm far away from being an Apple executive.

    I used to use a person for a few things here and there, but I learned quickly that it made a lot more sense for me to understand and control every aspect of my money instead of handing every vital function off to someone else. Remember, if someone manages to lose all your money, you might get mad at them but you'll still be broke.
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  • Reply 43 of 90
    eriamjheriamjh Posts: 1,847member
    Quote:

    Originally Posted by jakeb View Post





    Hahaha, wow. I just took a screenshot of my cruelly inaccurate account balance. It's going to be a long time before I legitimately see 7 figures in there for real.

    Dammit!  I had 7x my normal balance and should have done the same thing and then played a nasty trick on the wife.  Oh, well... I guess i have to wait for the next split.

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  • Reply 44 of 90
    visualzonevisualzone Posts: 299member
    Quote:

    Originally Posted by SpamSandwich View Post





    I used to use a person for a few things here and there, but I learned quickly that it made a lot more sense for me to understand and control every aspect of my money instead of handing every vital function off to someone else. Remember, if someone manages to lose all your money, you might get mad at them but you'll still be broke.

    Most of what I do is done through the bank. Not much done outside if it. Also, I have a company pension plan and company RRSP. I'm 56 years now and I don't plan to retire for a long time if possible.

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  • Reply 45 of 90
    poochpooch Posts: 768member
    Currently, Apple has 8.61 million shares outstanding, which will jump to over 6 billion on Monday.

    huh? don't let pesky little facts get in the way of your "reporting".

    "Personally, I would like nothing more than to thoroughly proof each and every word of my articles before posting. But I can't." -- appleinsider's mike campbell, august 15, 2013

    i guess mr. oliver is a protege.
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  • Reply 46 of 90
    sflocalsflocal Posts: 6,179member
    Quote:

    Originally Posted by Constable Odo View Post

     

    Apple did the best it could but it was plain to see Apple's stock momentum ran out of gas.  Apparently, Amazon's 3D smartphone overshadowed Apple's split as the Amazon smartphone is being touted as another thorn in Apple's side.  All available money over the past couple of days has been poured into Amazon while Apple's stock was left to stagnate.  It seems there were a few talking heads who thought Apple might reach as high as $700 pre-split.  That was really too much to ask for.  Now the analysts are saying Apple is going to fall hard because it's at nosebleed levels and has risen too high too fast over the past couple of months.  I'm sure hoping they're wrong and the stock is taking a breather before the mom and pop retail investors jump in.




    You know Constable, there was a time way, way, WAY long ago where you used to speak coherently, post actual debate & join in honest discussions of various opinions.



    Now, you really fell off the wagon and just make post-after-post of nonstop nonsense, trolling, and just sheer drivel.  Did you get burned in the market, make a bad call or something for you to take a position of nonstop doom-and-gloom?? Doesn't it get tiring for you to support such ridiculous products (Amazon 3D phone) only to be proven insanely wrong time-after-time?  



    I mean really.. What's up with you?  Not getting the attention you want, so then you feel that trolling is the only thing left for you?  Grow up man.

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  • Reply 47 of 90
    pooch wrote: »
    huh? don't let pesky little facts get in the way of your "reporting".

    "Personally, I would like nothing more than to thoroughly proof each and every word of my articles before posting. But I can't." -- appleinsider's mike campbell, august 15, 2013

    i guess mr. oliver is a protege.

    Well at least they're trying. Check comment 14 for what they originally had. It is pretty hilarious that even when making corrections they still screw it up. However they're still raking in the money from page views regardless, so I guess the joke is really on us.
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  • Reply 48 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by cashxx View Post



    Question is: buy or not to buy? Wait and see if it goes down more then buy or buy right away?

     

    Buy and hold until you need them in retirement.

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  • Reply 49 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:
    Originally Posted by cashxx View Post



    Question is: buy or not to buy? Wait and see if it goes down more then buy or buy right away?

     

    Buy and hold until you need them in retirement.

    Quote:

    Originally Posted by mpantone View Post

     
    Quote:
    Originally Posted by cashxx View Post



    Question is: buy or not to buy? Wait and see if it goes down more then buy or buy right away?

    Well, you could always go long, then sell short. That's hedging.

     

    In any case, asking anonymous contributors (which includes both fanbois and haters) at an Apple rumors tech forum for AAPL investment advice is laughable at best.

     

    Good luck.


     

    I would be more inclined to trust some poor soul in this forum over some hapless 'analyst' whose advice is invariably to buy when the price is rising and sell when it is falling.

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  • Reply 50 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by Rogifan View Post

     
    Quote:

    Originally Posted by SpamSandwich View Post



    Checked my account and it already reflects the split shares also...


    Man I pulled up my account and just about fell over as it was about $100K higher than the last time I checked. Then I see AAPL listed as "pending today's transactions" and I came back down to earth.

     

    You must be quite the contortionist to be able to fall over and then come back down to earth. Maybe you live in Australia on the bottom of the world! ????

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  • Reply 51 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by AaronJ View Post

     
    Quote:
    Originally Posted by Jack Baker View Post

     

    Actually, his post is a pretty accurate assessment of what has happened. 


     

    Whose is?!


     

    His.

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  • Reply 52 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by VisualZone View Post

     

    What? No mention about the minimum shares one can buy.


     

    One.

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  • Reply 53 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by VisualZone View Post

     
    Quote:
    Originally Posted by Slurpy View Post

     

     

    Amazon's 3D phone? Really? Please just shut the **** up. I'm in awe that there's an actual human being behind that keyboard spewing those rants over and over again in every fucking thread. Do you expect Apple stock to rise in value linearly, infinitely? How the **** is it stagnating, because we've had ONE DAY where it didn't rise? Are you insane? Do you know how stock prices work? Sell every share you have and spare us your never-ending drivel.  


    Ever thought about anger management courses?


     

    I think he manages it rather well. Slurpy gives it, his keyboard receives it.

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  • Reply 54 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by SpamSandwich View Post

     
    Quote:

    Originally Posted by VisualZone View Post



    No mention about the minimum shares one can buy.




    You could place an order for one share at the market price if you want, but why? Why not make it worth your while? You could always put an order in for as little as a couple hundred dollars and keep building the account monthly, or whenever money is available. This would be a "dollar cost averaging" strategy. Just put the same amount every month into purchases.



    The first order of business is getting an account with a broker and not going crazy or 'betting the house'.

     

    Who says one share isn't worth his while? One share at the new price will currently be the equivalent of more than 92 years of Steve Jobs's salary when he was CEO of Apple. Who could ask for more than that?

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  • Reply 55 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Quote:

    Originally Posted by VisualZone View Post

     
    Quote:
    Originally Posted by SpamSandwich View Post





    You could place an order for one share at the market price if you want, but why? Why not make it worth your while? You could always put an order in for as little as a couple hundred dollars and keep building the account monthly, or whenever money is available. This would be a "dollar cost averaging" strategy. Just put the same amount every month into purchases.



    The first order of business is getting an account with a broker and not going crazy or 'betting the house'.

    Quote from Apple:

     

    Apple indicated that it elected to do a 7-1 split because, as the company noted, "we want Apple stock to be more accessible to a larger number of investors."

     

    I had heard the minimum amount one can purchase is ten shares. Fact or fiction?


     

    Fiction. It's one.

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  • Reply 56 of 90
    apple ][apple ][ Posts: 9,233member

    The news reported about this spilt was incorrect.

     

    It was claimed that there would be no after hours trading on friday for AAPL, yet I noticed that there was.

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  • Reply 57 of 90
    benjamin frostbenjamin frost Posts: 7,203member
    Thanks, AI, for getting the close of market stock price on Friday right.
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  • Reply 58 of 90
    magman1979 wrote: »
    Do you EVER get tired of spewing your fucking drivel? Just STFU, GTFO, and never come back! Tallest Skill will lock the door behind you!

    From what I understand, he purchased some stock back when it was at around $700. Before that he was a huge Apple cheerleader. I'm sure you know the rest...

    His tone has actually lessened as the stock has come back up closer to his purchase price. Whether or not he had sold it before now, I truly can't guess.
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  • Reply 59 of 90
    apple ][ wrote: »
    The news reported about this spilt was incorrect.

    It was claimed that there would be no after hours trading on friday for AAPL, yet I noticed that there was.

    You selling? :)
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  • Reply 60 of 90
    apple ][apple ][ Posts: 9,233member
    Quote:

    Originally Posted by Silver Shadow View Post





    You selling? image

     

    I'm not selling or buying any AAPL at the moment.

     

    I was prepared to pick up some AAPL after the last earnings if it dropped, but as we all know, that didn't happen.

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